Virginia § 36-49.2 Power to purchase or lease land for certain other redevelopment projects

Virginia Statutes

§ 36-49.2 — Power to purchase or lease land for certain other redevelopment projects

Virginia § 36-49.2

Title 36HOUSING

Ch. 1HOUSING AUTHORITIES LAW

Art. 7REDEVELOPMENT PROJECTS

This text of Virginia § 36-49.2 (Power to purchase or lease land for certain other redevelopment projects) is published on Counsel Stack Legal Research, covering Virginia primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Va. Code Ann. § 36-49.2 (2026).

Text

In addition to the other powers to acquire real property by purchase or lease, an authority is specifically empowered to purchase or lease real property for immediate or future use, without the exercise of the power of eminent domain, for improvement and development for sale, lease, or sublease as industrial sites, scientific research laboratory sites, educational institution sites or sites for housing persons displaced from other lands of the authority.

Free access — add to your briefcase to read the full text and ask questions with AI

In addition to the other powers to acquire real property by purchase or lease, an authority is specifically empowered to purchase or lease real property for immediate or future use, without the exercise of the power of eminent domain, for improvement and development for sale, lease, or sublease as industrial sites, scientific research laboratory sites, educational institution sites or sites for housing persons displaced from other lands of the authority.